A contrarian investor is one who attempts to profit by investing in a manner that differs from the conventional wisdom, when the consensus opinion appears to be wrong.
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Tuesday, 15 January 2013
Salman Khan, the man behind the Khan Academy who wants to teach the world
Salman Khan, famous for the Khan Academy. (Photo credit: Wikipedia)
The Khan Academy (www.khanacademy.org) is an organization on a mission. They're a not-for-profit with the goal of changing education for the better by providing a free world-class education for anyone anywhere.
Personally I'm a big fan & advocate of the Khan Academy for FREE education. The videos on the site are enriching and best of all its ALL FREE! All of the site's resources are available to anyone. It doesn't matter if you are a student, teacher, home-schooler, principal, adult returning to the classroom after 20 years, The Khan Academy's materials and resources are available to you completely free of charge. Students can make use of their extensive video library, interactive challenges, and assessments from any computer with access to the web.
The world’s richest man,Carlos Slim Helu ofMexico, is now publicly supporting Salman Khan and his nonprofit educational website, Khan Academy, according to Twitter messages from Slim’s son-in-law, Arturo Elias and a press release issued by the Carlos Slim Foundation on Monday.
At a press conference in Mexico on Monday, Salman Khan and Carlos Slim announced they had signed an agreement of cooperation to allow students, teachers, researchers and others in Mexico to get access to education and training courses.
The alliance between the two groups sets out a goal of having 1,000 Khan Academy videos translated into Spanish by April this year. Slim’s foundation also pledged to invest more than $300 million over the next three years into programs that improve the development of “human capital.”
Carlos Slim has a particular view on charitable giving. He has not signed the Bill Gates- and Warren Buffett-backed Giving Pledge and he has been critical of charitable efforts to cure poverty. His preference is to give people tools they can use to support themselves. Thus his Slim Foundation has supported education and use of technology. Khan Academy, which blends both of those things, is therefore a good fit in Slim’s definition of useful philanthropy.
Slim joined the ranks of Forbes list of the world’s biggest givers in 2011. He has given $4 billion to his Carlos Slim Foundation, which focuses on education and health care.